Atlas Energy Resources, LLC (NYSE:ATN.DL)

CAPS Rating: No stars

Atlas Energy Resources develops and produces natural gas and oil in the Appalachian Basin."


Player Avatar fojaha (< 20) Submitted: 11/3/2008 11:31:06 PM : Outperform Start Price: $20.09 ATN.DL Score: +43.04

One of largest land holders in marcellus shale,PA. Land leases alone should send this company up.Has positive cash flow from other shale areas, so is expereanced in shale gas opperations. increased production & revenue last 3 yrs. Dividend is a little high, however most producing MLP'S have high dividends due to tax structure. If 90% of net goes to div. then must have large enough earnings&, or financing to cover development.This apears to be the case with ATN. Should move foward without much help. If lease values move up like in other shale areas, ATN could be sitting on a land gold mine + the gas.

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